RE: Steem Price Analysis | 24 January, 2025

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Steem Price Analysis | 24 January, 2025

in hive-183397 •  10 days ago 

Then what happened in the 2 months that now the price of Hive has been maintained at two times more than Steem and the price movement in Hive is also many times more than Steem, like right now Hive is almost 25% up and Steem is less than 10% ?

At this moment, Hive will go ahead with its marketing strategy. But if Steemit team can do same thing, obviously Steem also runs much better than Hive.

Let's see, what will happen in the future. Justin Sun has a unique idea for Steemit. They need to implement that.

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First of all, Thank you very much for responding to me! But if it is that simple then why is the Steemit team not focused on marketing? I just read that SBD is also getting delisted from Upbit, don't you think all this will hurt Steem's overall value in the web3 ecosystem?

But if it is that simple then why is the Steemit team not focused on marketing?

I haven't any idea about that. Why didn't they do that...

I just read that SBD is also getting delisted from Upbit.

Yeah, it's true. But I think it won't make any impact on the Steemit Blockchain. If you look at HBD, that coin isn't also verified in CMC. But still, Hive is doing good.

Here is a rumor that the Steemit team wants to make 1 SBD = 1 USD. Let's see what will happen in the future.

Here is a rumor that the Steemit team wants to make 1 SBD = 1 USD.

I also found it very illogical that how so much speculation is happening in SBD whose full form itself tells it to be a stable currency backed by the dollar. Hopefully, this development will encourage both investors and traders to invest in the future of Steem instead of SBD.

I just have one last question. When you say Steemit team, who are you referring to? Being a decentralized platform, for me, you, your community rme and other such users are the team of Steemit.